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2023 Nobel Prize in economics awarded to Claudia Goldin

nobelprize.org

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Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#4

Post by jncfhnb »

> Goldin showed that female participation in the labour market did not have an upward trend over this entire period, but instead forms a U-shaped curve. The participation of married women decreased with the transition from an agrarian to an industrial society in the early nineteenth century, but then started to increase with the growth of the service sector in the early twentieth century. Goldin explained this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family.

Seems fairly intuitive, no?

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#6

Post by baq »

jncfhnb wrote: post #4

> Goldin showed that female participation in the labour market did not have an upward trend over this entire period, but instead forms a U-shaped curve. The participation of married women decreased with the transition from an agrarian to an industrial society in the early nineteenth century, but then started to increase with the growth of the service sector in the early twentieth century. Goldin explained this patter…

Plenty of unintuitive results in science. Economics is especially prone to fallacies, so proof and data is welcome.
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